By Dennis Mernyi, Abuja
In other to restore normalcy in the operations and supply the electricity in Abuja Nasarawa, Niger and Kogi state, the new operators of Abuja Electricity Distribution Company (AEDC), United Bank for Africa has announced a new board and interim management.

According to a press statement by officials of the new board, the new board and interim management is led by Victor Osadolor as Chairman. Osadolor is currently Chairman of UBA Pensions, a Non-Executive Director of African Finance Corporation (AFC).

“Alex Okoh is also a member of the Board and is currently the Director-General of the Bureau of Public Enterprises (BPE).

“Other members of the board include Atiku Abubakar Tambuwal, Sam Adikamkwu; a legal practitioner and former Chief Legal Adviser at the United Bank for Africa (UBA); and Muyiwa Akinyemi, seasoned accountant and a current Group Executive at the United Bank for Africa (UBA).“

PHOTOS: Fani-Kayode in court over alleged forgery of medical report

Interim Management is led by Bada Akinwumi, who will serve as the Interim Managing Director. Other members of the interim management are Sani Usman, Interim Chief Business Officer; Babajide Ibironke, Interim Chief Finance Officer; Donald Etim, Interim Chief Marketing Officer; and Femi Zacheus Interim Chief Technical Officer,” the statement said.

UBA had last week obtained permission from the government to take over affairs of the electricity company for its failure to service a N20 billion obtained from the bank to acquire the major shares that qualified it ownership of the firm in 2013.